Streamlined Construction Financing

Build Your Dream Home With A Single-Close Loan.

Avoid paying double closing costs and secure your long-term rate before the foundation is even poured. Seamlessly transition from building your home to living in it.

One Closing, One Set of Fees Unlike traditional financing, you only sign papers once, potentially saving you thousands in redundant title and origination fees.
Interest-Only Draw Period Keep your cash flow manageable. During the up to 12-month construction phase, you only pay interest on the funds drawn by your builder.
Rate Lock Protection Protect yourself from rising interest rates by locking in your permanent mortgage rate before construction begins.

Check Your Eligibility

Fill out the form below to get a custom rate quote from our loan specialists within 24 hours.

Your information is secure. No hard credit pull required to see initial options.

Construction Cost & Loan Simulator

Estimate your project costs and see your required loan amount instantly.

Enter 0 if you already own the lot.

Total Estimated Project Cost

$475,000

(Land + Construction Costs)

Estimated Loan Amount

$380,000

Total Cost minus Down Payment

Single-Close vs. Traditional Two-Close

See why modern homebuilders are ditching the outdated two-loan system.

Feature Single-Close (Our Process) Traditional Two-Close
Number of Closings Just One Two (Construction, then Mortgage)
Closing Costs Paid Once (Saves Money) Paid Twice
Interest Rate Locked upfront Subject to market changes
Re-qualification Not required after home is built Must re-qualify for permanent loan

How The Process Works

1

Pre-Approval

Submit your plans, budget, and builder credentials. We approve you and your project simultaneously.

2

The Single Close

You sign the paperwork, lock in your mortgage rate, and pay your closing costs just once.

3

Draw Period

As construction progresses, we pay your builder directly. You make interest-only payments on the dispersed amount.

Move In

Once construction is complete, the loan seamlessly transitions into a permanent mortgage. No second closing needed.

Frequently Asked Questions

Yes! A Construction-to-Permanent loan can be used to finance the purchase of the lot, the construction of the home, and the permanent mortgage all rolled into one. If you already own the lot, the equity you have in the land can often be used toward your down payment.
Most construction loans provide a 9- to 12-month draw period to complete the build. If there are unavoidable delays (like weather or material shortages), extensions can often be negotiated, though they may be subject to additional fees.
"Owner-builder" construction loans exist, but they have much stricter requirements. Because the lender is taking on more risk, you will typically need to prove extensive experience in professional construction or homebuilding to be approved to act as your own GC.
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